Any Business that purchases for resale: Bicycles Electronics - - PowerPoint PPT Presentation

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Mar 05, 2024 215 likes •310 views

Any Business that purchases for resale: Bicycles Electronics Firearms Jewelry Musical Instruments & Equipment Sporting Goods Tools Other? For each covered item, a business must collect and Retain: Name, Address

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Any Business that purchases for resale:

» Bicycles » Electronics » Firearms » Jewelry » Musical Instruments & Equipment » Sporting Goods » Tools » Other?

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» For each covered item, a business must collect and Retain:

˃ Name, Address & DOB of pledger/seller ˃ A photo of the pledger/seller ˃ A thumbprint from the pledger/seller ˃ A photo of the item and serial number (if available)

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» Electronic Inspections

˃ Relevant Records must be uploaded to Leads Online by the next business day

» On-Premise Inspections

˃ Records ˃ Merchandise + 15-day no-sell, no-alter + 30-day hold (only by request after inspection)

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» Notice of Violation may be issued » Administrative Hearing – if requested » Possible penalties upon finding of violation:

˃ Remedial + Order to show proof of compliance + Order to cease violating conduct ˃ Punitive + Fines – could vary based on number of offenses + Permit Revocation – only for multiple violations within 12 mo. period

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» Ordinance Administration

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» How will the permit registration change? ˃Permit Registration +Permit Process –Draft Application Review +Payment Options ˃Registration Fees +May increase?

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Any Business that purchases for resale: Bicycles Electronics - - PowerPoint PPT Presentation

Any Business that purchases for resale:

» Bicycles » Electronics » Firearms » Jewelry » Musical Instruments & Equipment » Sporting Goods » Tools » Other?

» For each covered item, a business must collect and Retain:

˃ Name, Address & DOB of pledger/seller ˃ A photo of the pledger/seller ˃ A thumbprint from the pledger/seller ˃ A photo of the item and serial number (if available)

» Electronic Inspections

˃ Relevant Records must be uploaded to Leads Online by the next business day

» On-Premise Inspections

˃ Records ˃ Merchandise + 15-day no-sell, no-alter + 30-day hold (only by request after inspection)

» Notice of Violation may be issued » Administrative Hearing – if requested » Possible penalties upon finding of violation:

˃ Remedial + Order to show proof of compliance + Order to cease violating conduct ˃ Punitive + Fines – could vary based on number of offenses + Permit Revocation – only for multiple violations within 12 mo. period

» Ordinance Administration

» How will the permit registration change? ˃Permit Registration +Permit Process –Draft Application Review +Payment Options ˃Registration Fees +May increase?

» Thank you for Participating!

˃ www.cabq.gov/pawn-and-secondhand